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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
According to Bloomberg, Nippon Steel Corp. agreed on an annual supply deal through March with Glencore for power plant coal at $375 per ton, according to people with knowledge of the deal, who asked not to be identified because the information is private.
The agreement is three times more expensive than similar deals done last year, and is likely one of the costliest coal contracts ever signed by a Japanese company, one of the people said, Bloomberg said.
teh report also said, spokespeople for Glencore and Nippon Steel declined to comment.
Bloomberg also noted that, Global competition for coal and natural gas is escalating as power generators move to secure additional fuel shipments amid an energy crunch. Utilities are curbing imports from Russia due to the war in Ukraine, tightening the amount of available supply and sending prices surging.
Japan has been struggling with strained electricity supplies and high demand during a recent heat wave. Nippon Steel, which uses fuel to power its industrial sites and supplies electricity to Japan’s grid, earlier this month purchased the country’s most expensive ever natural gas shipment.
Glencore is the world’s top coal shipper and profits from the power-plant fuel are at an all-time high. The resource giant is on course for a record 2022 as it cashes in on soaring prices and volatility.
Bloomberg further noted that, the Glencore deal may be used as the benchmark price for other annual supplies by thermal coal users in Asia, the people said. That will boost the cost to generate electricity, and threatens to increase power bills for businesses and households.
Australian Newcastle coal futures closed at $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Thursday, 09 July 15
LACK OF FRESH BUSINESS IN THE PACIFIC LEFT CAPESIZE RATES MOVING SIDEWAYS - INTERMODAL
COALspot.com: Intermodal ship broker says in its weekly report that, a different picture from what we saw the previous week was painted during the ...
Wednesday, 08 July 15
RIO TINTO'S MODERNISED KITIMAT SMELTER BEGINS PRODUCTION; KITIMAT BECOMING ONE OF THE LOWEST COST SMELTERS IN THE WORLD
COALspot.com: Rio Tinto is preparing its first shipments of metal from its world-class Kitimat aluminium smelter in Canada following an extensive m ...
Wednesday, 08 July 15
Q3'15 INDONESIA COAL SWAP DECLINED 3.14% MONTH OVER MONTH
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and week over week, this past week.
The Q3 swap was declined $ ...
Tuesday, 07 July 15
FOB RICHARDS BAY COAL SWAPS DECLINED WEEK OVER WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week.
The Q3 swap was down US$ ...
Tuesday, 07 July 15
FOB NEWCASTLE COAL SWAP ADVANCED MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery up $ 0.28 per MT (-0.61%) month over month to US$ 45.85 per mt. The swap wa ...
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Showing 2936 to 2940 news of total 6871 |
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- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
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